This Thursday, June 20, 2013, file photo shows an Airbus A400M performing its demonstration flight during the 50th Paris Air Show at Le Bourget airport, north of Paris, France. Surprise new costs for the long-troubled Airbus A400M military jet sent the European planemaker’s profits plunging last year despite a rise in commercial aircraft deliveries, Airbus reported Wednesday Feb. 22, 2017.
Category: Airbus A320
Airbus Earnings Slide on A350 Costs, A320Neo Engine Holdups
Airbus Group SE’s earnings fell 3.6 percent last year as a late surge in aircraft deliveries failed to offset costs from ramping up output of the A350 twin-aisle model and the impact of engine glitches that curbed handovers of the latest A320 narrow-body. Earnings before interest and tax before one-time items dropped to 3.96 billion euros in 2016 from 4.11 billion euros a year earlier, Toulouse, France-based Airbus said in a statement Wednesday.
Boeing 737 and Airbus A320 Production Increases Are Coming — Even With Slowing Orders
Historically, commercial jet orders have been sharply cyclical, with boom times followed by big busts. In the past year or two, order activity has slowed significantly at Boeing This order slowdown has made many analysts skeptical that Boeing and Airbus will be able to implement planned production increases for their 737 and A320 narrowbody jet families.
Boeing Scores a $22 Billion Win in Market Dominated by Airbus
Boeing Co. won a $22 billion deal from an Indian budget carrier, pulling off a feat in a single-aisle market ruled by its European rival Airbus SE.
Airbus Talks Up Its U.S. Credentials Ahead of Trump Presidency
Airbus Group SE, the chief rival of America’s biggest exporter Boeing Co., asserted its bona fides as a U.S. manufacturer a week before Donald Trump assumes the presidency after a campaign spent complaining about unfair trade. Having a factory in Mobile, Alabama, that employs more than 1,000 people making A320 single-aisle jets shows Airbus’s commitment to the U.S., one of the biggest markets for its aircraft, Fabrice Bregier, who runs the European planemaker’s jetliner arm, said in an interview Wednesday.
Airbus Retains Order Lead Over Boeing With Late Sales Surge
Airbus Group SE booked 320 jetliner orders in December alone to rack up 731 sales for the year, extending its backlog and beating Boeing Co. In the last month of 2016 Airbus sold 98 new planes to Iran Air and 72 to Go Airlines India Pvt., while two other transactions saw 132 narrow-bodies purchased by buyers whose identities weren’t disclosed, according to figures released by the Toulouse, France-based company Wednesday.
Boeing Said Near $10.1 Billion Order to Expand Toehold in India
Indian budget airline SpiceJet Ltd. is poised to order at least 92 Boeing Co. 737 jetliners, giving the planemaker a stronger toehold in the world’s fastest growing aerospace market.
Boeing’s Biggest China Concern Isn’t a Trump Trade War: Gadfly
As if it wasn’t bad enough getting into a fight with the president-elect over the cost of Air Force One, Boeing Co. is facing problems from the other side of the Pacific.
Boeing Said Close to $10.1 Billion Order From India SpiceJet
Indian budget airline SpiceJet Ltd. is poised to order at least 92 Boeing Co. 737 jetliners as the carrier plots rapid expansion in the world’s fastest growing aerospace market.
Airbus Seals Deal With Iran for Sale of Jets
Airbus finalizes an agreement to sell Iran Air 100 jets less than two weeks after Boeing inked a similar deal. European plane manufacturer Airbus says it’s sealed a deal to sell 100 jets to Iran, less than two weeks after American rival Boeing inked a similar contract.